Question
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2.) A business has budgeted to spend between \( \$ 500 \) and \( \$ 1000 \) a month on making advertising posters. It costs \( \$ 2 \) per poster, along with a monthly cost of \( \$ 300 \) for ink.

Ask by Boone Wade. in the United States
Jan 24,2025

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Tutor-Verified Answer

Answer

The business can produce between 100 and 350 posters each month while staying within their \$500 to \$1000 budget.

Solution

To determine how many advertising posters the business can produce each month within their budget, let's break down the costs and set up the appropriate inequalities. ### Given: - **Budget Range:** \$500 to \$1000 per month - **Cost per Poster:** \$2 - **Monthly Ink Cost:** \$300 Let \( x \) represent the number of posters produced in a month. ### Total Monthly Cost: The total cost consists of the cost of producing \( x \) posters plus the fixed monthly cost for ink. \[ \text{Total Cost} = 2x + 300 \] ### Setting Up the Inequalities: The total cost must be between \$500 and \$1000. Therefore, we can write the inequality as: \[ 500 \leq 2x + 300 \leq 1000 \] ### Solving the Inequalities: 1. **Subtract \$300 from all parts of the inequality:** \[ 500 - 300 \leq 2x \leq 1000 - 300 \] \[ 200 \leq 2x \leq 700 \] 2. **Divide all parts by 2 to solve for \( x \):** \[ \frac{200}{2} \leq x \leq \frac{700}{2} \] \[ 100 \leq x \leq 350 \] ### Conclusion: The business can produce **between 100 and 350 posters** each month while staying within their budget of \$500 to \$1000. - **Minimum Posters:** 100 - **Maximum Posters:** 350 ### Summary: \[ 100 \leq x \leq 350 \] This means that producing **at least 100 posters** and **no more than 350 posters** will ensure the business remains within its designated budget for advertising.

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Beyond the Answer

Let’s break it down! With a budget of \( \$ 500 \) to \( \$ 1000 \) and a fixed ink cost of \( \$ 300 \), the remainder of the budget available for posters will be between \( \$ 200 \) and \( \$ 700 \). Since each poster costs \( \$ 2 \), you can produce between \( 100 \) posters (if you spend \( \$ 500 \)) and \( 350 \) posters (if you spend \( \$ 1000 \)). To maximize your budget, keep an eye on the number of posters you can produce. A common mistake is forgetting to factor in all the costs; always ensure to deduct fixed costs like ink before calculating how many posters you can print! If you plan to adjust your budget month to month, be sure to reassess after each advertising campaign to find your sweet spot!

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